14515 Ivanhoe DrWarrenMI48088
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Warren at 14515 Ivanhoe Dr, Warren, MI, 48088 listed at $249,900 pairs $2,170/mo rent with a $1,223/mo payment to leave $522/mo cash flow. Total monthly income runs $2,170/mo, and annual cash flow reaches $6,266/yr on $82,842 cash to close. Return on cash invested measures 27.47% in year one, and rental yield registers 10.42% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 143.99% and total cumulative return in cash totals $119,282. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,170/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48088, Warren, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,604 (100%) |
| Owner Occupied HU | 7,927 (82.5%) |
| Renter Occupied HU | 1,430 (14.9%) |
| Vacant Housing Units | 247 ( 2.6%) |
| Median Home Value | $214,473 |
| Average Home Value | $236,080 |
Housing Distribution
Address Breakdown
Residential
9,449
Single Family
8,455
Multi-Family
994
Businesses
289
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